We developed a time comparison system using the ranging signal of the geostationary meteorological satellite(GMS). By using the system time comparison between the KRISS(Korea Research Institute of Standards and Science) cesium atomic clock and the GMS ranging signal has been carried out and the results have shown that the precision of time comparison at KRISS is about 10 ns. For the more accurate measurements we calibrated the receiver delay time between KRISS receiver and CRL(Communications Research Laboratory) receiver by using the portable GMS receiver.